Nautilus Minerals Inc. reported audited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the period, the company reported operating loss of $14,289,840 against $25,342,458 a year ago. Loss and comprehensive loss for the year was $14,033,618 against $24,882,330 a year ago. Loss per share was $0.02 per basic and diluted share against $0.06 per basic and diluted share. Net cash used in operating activities was $14,724,038 against $21,715,211 a year ago. Purchase of plant and equipment was $31,693,799 against $23,142,571 a year ago. Exploration and evaluation assets were $5,412,302 against $6,464,653 a year ago. For the quarter, the company reported loss of $2.7 million or $0.004 per basic and diluted share against $5.0 million or $0.01 per basic and diluted share a year ago.